New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-23
CLOSING PRICES OF. BOSTON STOCKS.
ROsrOy Dec % 40
Yeatar,iAY. Today.
STOCKS MORE ACTIVE AND HIGHER.


ihere was marked improvement TODAY in the
'oluue OF business done at the Stool, Evcbanoa
ana lhe transactions in stocks argrennted oOo 40
sh"IcN against less than 1OO 900 shares done YES
VeIu"s ana Monday The general features of the
Market however, were UNCHANGED With tba
EFFORTS TO recoup " short stocks previously sold
therc stlll fingered remnant OF the old manipu
Ihtlon to depresS values. The Chicago DISPATCHES
furnished TO the Street were Of the bluest char
acter, but there was no allusiOn to an Immediate
lookup OF money in the Treasury A speciaI
feature of the day was the advance in the price
OF Chicago, Burlington and Quincy stock: it closed
last evening at l2s l-2aI20, this morning it
opened at l20 80, to 1873 l.? and closed at
100 l-2. The contracts TO deliver the stock at
about l22 on sellers 90 day option are about
maturing. small effort to purchase the stock
against the maturing contracts was the occasion
OF the advance of per cent from last evenings
hgureS As on that prOportonatc advance the price
would reach fabulous figure before the REQUIRE
mehtS OF the contracts were filed the stock pur-
CHASED was thrown back on the market down to
1870 ii, leaving the speculative position of the
stock not materially changed from what il was
last night and the market price per cent higher
The movement Is really the first late development
toward showing that phantom stocks when wanted
TO De reputchascd obtain a value approx innate to
1900 shares Of Chicago, Burlington and Quincy
were dealt in with a final advance of per cent
to 1870 II, while some l 1900 shares were sold
late in October and early in November at about
l22 on sellers option AT 60 days. What will
happen in Chicago and Northwestern stock when
the shorts" attempt to call in their contracts in
that stock?
Reading stock was the subject of special attack
IN the late dealings and after selling mp to 66I-4
II declined to "a 3-laGI - on the absurd rlmoL
mat the question Of strike among its operatives
depended entirely upon whether the stock sold
down 10 G3 or not If il did sell there 80 that its
managers could load up at about that figure there
Wi be no strike. and if it did not there will be
strike. Let the average reader imagine man.
agcmcnf competent 20 get MP such story without
sufficient wit 10 prevent It's premature publca-
ton and then place his own valuation on its
capacity for speculation in stocks. II is the
cX pcc'cd that works revolution in SpcculaliOnS.
Probably the anticipated reading stock stories
Originate whore the d" vast accumulation of money
in the Treasury have originated-a fancy of an
cgot iS'ical brain. whose owner is short Of Read
ing at about so and who little over year ago
N9s bulling' il at above 80 with no assessments
called and who M the same time looked on Rich
mond and Terminal stock ms selling below its
value AT -. The general market developed
s. rcngth all tho way through although after the
Quincy it was unm'rcifully hammered without
any organized resistance and it closed firm at the
reactions from the early advances.
GOVERNMENT AND RAILROAD BONDS STRONG
Government and rar al bonds were strong with
no changes IN the bidding but an advance Of l-sa
IA Ter cent in the asking prices. Annexed are